An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.
Accounting divides your company assets into two classes: current and long-term. Current assets include cash and anything you use up or convert to cash over the next 12 months. Typical examples are ...
Fixed assets include land, buildings, equipment and other property not intended for disposal or sale in the near to medium term. Virtually all businesses require fixed assets to perform services and ...
Updating their fixed-asset records and exploring state exemptions can create often-missed tax savings for businesses.
Typically, a company reduces the value of its fixed assets steadily over time as its real estate, equipment, and other assets are used in the normal course of business. Sometimes, however, unexpected ...
Discover how asset swaps can transform financial instruments, hedge risks, and manage cash flows by exchanging fixed and floating assets in derivative contracts.